FLOW Usage During the NBA Playoffs
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Introduction
- Flow, the blockchain for open worlds
Flow is a fast, decentralized, and developer-friendly blockchain, designed as the foundation for a new generation of games, apps, and the digital assets that power them. It is based on a unique, multi-role architecture, and designed to scale without sharding, allowing for massive improvements in speed and throughput while preserving a developer-friendly, ACID-compliant environment.
- Flow empowers developers to build thriving crypto- and crypto-enabled businesses. Applications on Flow can keep consumers in control of their own data; create new kinds of digital assets tradable on open markets accessible from anywhere in the world; and build open economies owned by the users that help make them valuable.
- Smart contracts on Flow can be assembled like Lego blocks to power apps serving billions of people, from basketball fans to businesses with mission-critical requirements.
There are four pillars that make Flow unique among existing blockchains:
- Multi-role architecture: Flow’s design is unique, allowing the network to scale to serve billions of users without sharding or reducing decentralization of consensus.
- Resource-oriented programming: smart contracts on Flow are written in Cadence, an easier and - - safer programming language for crypto assets and apps.
- Developer ergonomics: from upgradeable smart contracts and built-in logging support to the Flow Emulator, this network is designed for results.
- Consumer onboarding: Flow was designed for mainstream consumers, with payment onramps catalyzing a safe and low-friction path from fiat to crypto.
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Method
- To solve this question and get this data: Since every number that was added was recorded in the flow.core.dim_topshot_metadata table, I considered the number of rows as volume and set the time condition of May so that I can analyze.
- Then, using the join command with the flow.core.fact_nft_sales table, I measured the sales that have the same NFT_ID
- I didn't exactly understand the use of the flow.core.dim_topshot_metadata table, but I think that the NFTs that are added are recorded in this table. I based my analysis on this criterion
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- The chart above shows the NBA Top Shots added in May
- On May 21, 2022, approximately 17.25 thousand Golden State Warriors nft numbers have been added. It can be said that the largest volume in May is related to the Golden State Warriors.
- On May 22, approximately 16.5 thousand nft Miami Heat It has been added that it can be said that after the Golden State Warriors, it has the largest volume in May
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The following graphs examine the sales of each team in May
- The highest volume of sales was on May 21 and the Golden State Warriors team. On this day, it has sold nearly 161.5 thousand dollars
- The next day, although a large number of Miami Heat nfts were added at the conference, there was not much sales
- Among the top 4 teams that include Warriors, Celtics, Mavericks, or Heat:
- The Golden State Warriors team with a sales volume of 389.27 thousand dollars includes 35.9% of the total sales volume.
- The Dallas Mavericks team with a sales volume of 274.21 thousand dollars includes 25.3% of the total sales volume.
- The Boston Celtics team with a sales volume of 234.97 thousand dollars includes 21.7% of the total sales volume.
- The Miami Heat team with a sales volume of 185.09 thousand dollars includes 17.1% of the total sales volume.
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Conclusions
- It can be said that the NBA Conference Finals had an impact on the sales volume of the Golden State Warriors team
- The highest volume of sales was on May 21 and the Golden State Warriors team. On this day, it has sold nearly 161.5 thousand dollars
Among the top 4 teams that include Warriors, Celtics, Mavericks, or Heat:
- The Golden State Warriors team with a sales volume of 389.27 thousand dollars includes 35.9% of the total sales volume.
- The Dallas Mavericks team with a sales volume of 274.21 thousand dollars includes 25.3% of the total sales volume.
- The Boston Celtics team with a sales volume of 234.97 thousand dollars includes 21.7% of the total sales volume.
- The Miami Heat team with a sales volume of 185.09 thousand dollars includes 17.1% of the total sales volume.